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SF 1274

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
  1.1                          A bill for an act 
  1.2             relating to education; authorizing an early retirement 
  1.3             levy for school districts. 
  1.4   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.5      Section 1.  [LEVY.] 
  1.6      A school district may levy an amount up to $600,000 each 
  1.7   year for a period of two years for early retirement incentives 
  1.8   for licensed employees who have retired early. 
  1.9      [EFFECTIVE DATE.] This section is effective for taxes 
  1.10  payable in 2004 and 2005.